(Singapore, Singapore, the 6th of July)
In order to solve the issues related to the DeFi assets’ liquidity and scalability, Moma Protocol is going to launch its completely customizable Lending pools on the 6th of July. The IDO would run on WeStarter and Bounce platforms, and an IEO – initial exchange offer would also be placed on the HotBit platform.
Moma protocol provides quite a precious service in the financial areas. In addition to it, it also serves the purpose in the asset management and niche of DeFi. Lastly, it also plays a role in managing the lending pool. With the help of the Protocol’s Factory component, the groups can generate liquidity for a particular digital asset. The closed-loop cycle design consists of modifiable Lending Pools and Launch Pools, which allows you to do so. Not only limited to generating liquidity, but also continuous growth opportunities for the long-tail digital assets is one of its key features, which is one of the key features for the users to diversify their investment.
The business model followed by Moma Protocol is B2B2C. The protocol caters to the business clients first; then it goes on to serve the Lending Pools to consumers. All the participants of such a pool receive a fair share of the interests generated either by incomes or transaction fees.
The security of the platform and price-feeding accuracy would be ensured by a Whistleblower system, in which the rewards are given in terms of tokens. The tokens are given on the basis of the information of prices that are submitted.
With the success of the smart contract audit and product beta MVP, Moma is now looking forward to future endeavors. Private fundraising has been completed in which the investors are SevenX Ventures, DFG Capital, Fundamental Labs, AU21, Genesis Shards, Oasis Capital, Coins Group, NFT stars, and many others. In the next step, Moma Protocol would offer its own token to the public by a multi-threaded approach.
The very first target of the business is organizing the Initial DEX offering, which is IDO on the Bounce, and WeStarter Platforms, the sales of which would start on the 6th of July at 11 AM UTC and would end on 12 noon UTC. At the same time, the Initial Exchange offering of Hotbit would also start and end.
The native token trading of Moma would start on Uniswap and Mdex on the 6th of July at 1:00 PM UTC and on the HotBit and MXC at 2:00 PM UTC. Those who would be trading via IEO or IDO would have different options of trading. For updates, you may visit the Moma Protocol’s social media.
Website: https://Moma.Finance
Whitepaper: https://docsend.com/view/78fhjfyquimhd3ha
Telegram (English): https://t.me/Moma_Official
Telegram (Chinese): https://t.me/Moma_CN
Telegram (Korean): https://t.me/Moma_KR
Telegram (Arabic): https://t.me/Moma_Arab
Telegram (Vietnamese): https://t.me/Moma_VN
Twitter：https://twitter.com/Moma_Finance
Medium: https://momafinance.medium.com/
Discord: https://discord.gg/pfZW5ftJ
About Moma Protocol
Moma Protocol is a solution to meet the users' demand for scalability, liquidity, and speculation in terms of DeFi lending markets. It produces, accelerates, and accumulates the lending markets with the help of the smart contract factory. It basically establishes an ecosystem that can expand in liquidity and diversity. The beta version is online as of now, while the official version would be live by July 2021.
Team
CEO Ocean
A master’s degree from Fudan University has been a senior programmer, a social entrepreneur in the blockchain industry with experience in developing the projects such as Lichang (1 million users), Gravity (300,000 users), TokenUp wallet (100,000 users), and has been respected for it in the Chinese community.
CTO V.C
A master’s degree from Fudan University has been a senior blockchain developer. Has been leading developer of two Ethereum-based DeFi projects and has also participated in launching mainnet and application development such as Worbli, Platon, and EOS.
CMO Virginia
With 12 years of experience in digital marketing and internet start-ups, has remained as co-founder of Coins Group, which is a crypto fund based in Hong Kong. With over four years of experience in blockchain investments, has invested in more than 30 blockchain projects.
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2021-07-08 04:27:41
